Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

UK employers become slightly more confident about hiring - survey

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/28/2018 | 08:44am CEST
Workers cross Westminster Bridge during the morning rush hour in London in Britain

LONDON (Reuters) - British employers turned slightly more confident about hiring staff between December and February, according to a survey conducted before Britain struck a Brexit transition deal between the European Union.

The Recruitment and Employment Confederation (REC) said 28 percent of companies expected to become more confident about hiring workers, compared with 19 percent who said less.

The survey of 600 companies was conducted between Nov. 24 and Feb. 28.

This month Brussels agreed a political, if not yet legal, deal to let Britain stay in the bloc's single market - but without a vote - for 21 months after Brexit next March.

"The announcement that EU workers who arrive in the transition period can stay is a positive step, but businesses need to know what access they'll have to EU workers after that time period so they can plan ahead effectively," Tom Hadley, director of policy at REC, said.

The survey showed only 17 percent of employers planned to increase permanent staff over the next four to 12 months.

"Employers are potentially turning to temps, which could bring opportunities to candidates interested in temporary work and the flexibility it affords, but is also a sign employers are affected by economic and political uncertainty," Hadley said.

Official data have pointed to a healthy labour market for the time being.

British workers' overall pay rose at the fastest pace in more than two years in the three months to January, bolstering the chances that the Bank of England will raise borrowing costs in May. The data also showed the number of people in work grew by 168,000, double the forecast in a Reuters poll of economists.

(Reporting by Andy Bruce; Editing by William Schomberg)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
01:12aHEALTHY HOMES : Spring green cleaning recipes to help reduce asthma irritants
PU
01:03aConsumer activists, experts advise against buying ZTE phones
RE
12:58aMORGAN STANLEY : Wall Street regulator sanctions Tezos cryptocurrency project co-founder
RE
12:47aECOSOC UNITED NATIONS ECONOMIC AND SOCIAL COUNCI : Activities of Secretary-General in Saudi Arabia, 15-18 April
PU
12:37aATLANTIC CARBON : ACG New 200M Share Subscription and Co Valuation Announcement
PU
12:37aITC INTERNATIONAL TRADE CENTRE : Sierra Leone to strengthen cocoa value chain, increase farmer incomes
PU
12:37aDCEDC DEKALB COUNTY ECONOMIC DEVELOPMENT CORPORA : 3 Workshops/Seminars for Businesses & Aspiring Entrepreneurs
PU
12:27aGOVERNMENT OF ALBERTA : New protection for Alberta power consumers
PU
12:21aLAKE COUNTY IL : Recycle First, Trash Last
PU
12:09aGerman growth likely to slow in first quarter - finance ministry
RE
Latest news "Economy & Forex"
Advertisement